Solution-Prepare new contribution format income statement

Prepare new contribution format income statement under each

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Reference no: EM131000341

Whirly Corporation's most recent income statement is shown below:

	Total		Per Unit
Sales (8,300 units)	$	249,000	$	30.00
Variable expenses		149,400		18.00

Contribution margin		99,600	$	12.00
Fixed expenses		54,500

Net operating income	$	45,100

Required:

Prepare a new contribution format income statement under each of the following conditions (consider each case independently):

1. The sales volume increases by 100 units.

2. The sales volume decreases by 100 units.

3. The sales volume is 7,300 units.

Reference no: EM131000341

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Prepare new contribution format income statement under each

Reference no: EM131000341

Reference no: EM131000341

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